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Arctic Star Exploration Corp V.ADD

Alternate Symbol(s):  ASDZF

Arctic Star Exploration Corp. is a natural resource company. It is engaged in the acquisition, exploration, and development of mineral properties. Its projects include Diagras Diamond Project, Timantti Diamond Project, and Stein Diamond Project. The Diagras Diamond Project is located in the north-eastern part of the prolific Lac de Gras kimberlite field, approximately 22 kilometers (km) north-northeast of the Diavik diamond mine and 36 km east of the Ekati diamond mine in the northwestern territories of Canada. The Diagras Property consists of 58 contiguous claims with an area of approximately 48,346 hectares. The Timantti Project is located in Finland, approximately 17 km away from the town of Kuusamo. The project is comprised of two Diamond Bearing Kimberlites: the Black Wolf and White Wolf Kimberlite. The Stein Diamond Property is located approximately 85 km northwest of Taloyoak, Nunavut and consists of four prospecting permits covering an area of approximately 105,637 hectares.


TSXV:ADD - Post by User

Post by Bigoil2113on Sep 25, 2022 6:43pm
195 Views
Post# 34985408

Gahcho Kué Diamond Mine largest pipe is

Gahcho Kué Diamond Mine largest pipe is

The 5034 pipe has an irregular shape with surface dimensions roughly 120 by 180 metres. The 5034 is one of  4 pipes and is the largest. Gahcho Ku has a 12-year life-of-mine. The mine began the ramp-up of production in early August 2016. The project cost an estimated $1-billion to develop. Measured and indicated resources as at December 31, 2015, were estimated at 2.3-million tonnes, grading 137.1 cpht. Inferred resources were estimated at 12.9-million tonnes, grading 140.6 cpht.

If you compare sequioa at 300m wide x 1000m long (300,000sqm in size) To 5034 pipe at 120m x 180m (21600sqm). Sequioa pipe is 13.88 times larger in size. 

with 20 CPHT to 70 CPHT at sequoia, we may not have the grade for a standalone mine but we will have lots of diamonds in there economic enough to mine as long as processing is done elsewhere. This will have a huge price tag on it, especially is the type IIa continues and the clear white continues and if the distribution curve is as accurate as buddy indicates. Plus is Arbutus /finnaly are economically viable to sell as ore to exiting processing plant. We will be sitting pretty. 

 

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